# Siemens Healthineers acquisition of Corindus Vascular Robotics approved by stockholders

Stockholders of Corindus Vascular Robotics approved the acquisition by Siemens Healthineers via Siemens Medical Solutions USA. The transaction is expected to close on October 29, 2019, making Corindus a wholly owned subsidiary of Siemens Medical Solutions USA.

- Type: Acquisition
- Announced: 2019-10-25
- Where: Waltham, Massachusetts, United States
- Value: $1.10B
- Jobs: 110
- Status: announced
- Products: robotic systems for minimally invasive vascular interventional procedures, CorPath GRX robotic-assisted technology
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Siemens Healthineers](https://endata.com/companies/19309.md) (acquirer)
- [Corindus Vascular Robotics](https://endata.com/companies/41213.md) (target)

## Sources

- [citoday.com](https://citoday.com/news/stockholders-of-corindus-vascular-robotics-approve-acquisition-by-siemens-healthineers), 2019-10-25: "The parties anticipate that the transaction will close on October 29, 2019."
- [bostonglobe.com](https://www.bostonglobe.com/business/2019/10/29/siemens-arm-closes-deal-for-waltham-firm/YZ5LWd9FhKOKGLrD3442JK/story.html), 2019-10-29: "I'm thrilled that Siemens has decided to keep everything here."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.